Actuarial jobs in South Africa
Actuarial Pricing Analyst
The Talent Room
Senior Actuarial Pricing Analyst
The Talent Room
Chief Financial Officer
Discovery Limited
Head of Reinsurance
Be Different Recruitment
Head of Reinsurance
Psybergate (Pty) LTD
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Network Recruitment
Actuarial Analyst (Pricing)
Nedbank
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Sabenza IT & Recruitment
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AVBOB South Africa
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Woolworths
Actuarial Pricing Specialist
Psybergate (Pty) Ltd
Head: Actuarial Assumption & Model Development Validation
Be Different SA (PTY) LTD
Senior Actuarial Validation Lead – IFRS 17 & Prophet Models
Sabenza IT & Recruitment
Actuarial Pricing Analyst Life Insurance
Nedbank
Corporate Actuarial Analyst – IFRS 17 & Provisions
Network Recruitment
Actuarial Pricing Specialist - Insurance
Be Different SA (PTY) LTD
Actuarial Pricing Analyst
Job summary
A leading recruitment agency in South Africa is seeking an Actuarial Pricing Analyst responsible for developing pricing models for non-life insurance products. The ideal candidate should have an actuarial degree, completed foundational exams, and possess over 5 years of experience focusing on pricing strategies. Strong technical and analytical skills are required, along with excellent communication abilities to present insights effectively. Join a dynamic team and impact strategic pricing decisions in the insurance sector.
Qualifications
- Actuarial degree required.
- Completion of Part A1, A2, and A3 exam series is necessary.
- 5+ years actuarial experience focused on non-life insurance pricing.
Responsibilities
- Develop and maintain pricing models using actuarial software.
- Conduct profitability and performance analyses.
- Recommend practical pricing strategies.
- Review personal lines insurance product designs.
- Monitor claims trends for pricing strategy.
- Provide pricing insights for management.
Skills
Education
Tools
The Actuarial Pricing Analyst will be responsible for developing and maintaining pricing models for non-life insurance products, analysing profitability and claims experience, and supporting strategic pricing decisions. The role requires strong technical actuarial skills, commercial insight, and the ability to translate data into meaningful business recommendations.
- Develop, maintain, and enhance pricing models using actuarial software to improve pricing accuracy.
- Conduct detailed profitability and performance analyses across key business verticals.
- Develop and recommend practical and sustainable pricing strategies.
- Review and evaluate personal lines insurance product designs.
- Monitor claims trends and perform experience analyses to support business and pricing strategy.
- Provide pricing insights and recommendations to support management decision-making.
- Actuarial degree.
- Completion of Part A1 (Foundational Technical), A2 (Intermediate Technical), and Part A3 (Actuarial Risk Management) exam series.
- 5+ years actuarial experience in non-life insurance, with a strong focus on pricing.
- Strong technical skills with proficiency in actuarial and analytical software.
- Excellent analytical, problem-solving, and communication skills.
- Ability to collaborate effectively with cross-functional teams.
- Comfortable presenting insights to both technical and non-technical stakeholders.
- Proactive mindset with a passion for using data and analytics to drive business impact.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.